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VIVO ENERGY PLC - Notification of transactions of directors/PDMR

Release Date: 18/05/2018 17:30
Code(s): VVO     PDF:  
Wrap Text
Notification of transactions of directors/PDMR

Vivo Energy plc
(Incorporated in England and Wales)
(Registration number: 11250655)
(Share code: VVO)
LEI: 213800TR7V9QN896AU56
ISIN: GB00BDGT2M75


Director/PDMR Shareholding

FOR IMMEDIATE RELEASE

18 May 2018

Vivo Energy plc

Notification of Transactions by Directors/Persons Discharging Managerial
Responsibility

On 18 May 2018, Vivo Energy plc (the Company) granted to certain directors and persons
discharging managerial responsibility (the PDMRs) nil-cost options (the Awards) over
ordinary shares of the Company (the Shares). The Awards were granted under the 2018
IPO Plan, and will vest, subject to performance conditions relating to consolidated gross
cash profit growth and adjusted net income growth being met, in three equal tranches on the
first, second, and third anniversary of the admission of the Shares to the premium listing
segment of the Official List and to trading on the London Stock Exchange’s main market for
listed securities.

Details of the number of Shares underlying each PDMR’s Award, as previously disclosed in
the Company’s final prospectus dated 4 May 2018, are detailed below.


                                                                         Number of
       Name                       Position
                                                                          Shares
       Christian Chammas          Chief Executive Officer                1,197,860

       Johan Depraetere           Chief Financial Officer                 842,245


This notification is made in accordance with the requirements of the Market Abuse Regulation.

Paul Waters
Head of Corporate Secretariat
paul.waters@vivoenergy.com
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS

1  Details of the person discharging managerial responsibilities / person closely
   associated
a) Name                         Christian Chammas
2    Reason for the notification
a) Position/status                 Chief Executive Officer
b) Initial/Amendment
                                Initial
   notification
3 Details of the issuer, emission allowance market participant, auction platform,
   auctioneer or auction monitor

a) Name                            Vivo Energy plc
b) LEI                              213800TR7V9QN896AU56
4    Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
     where transactions have been conducted


a) Description of the financial
   instrument, type of             Nil-cost options over ordinary shares of Vivo Energy
   instrument                      plc

     Identification code
                                   ISIN: GB00BDGT2M75
b) Nature of the transaction       Grant of nil-cost options under the 2018 IPO Plan
c)   Price(s) and volume(s)
                                   1,197,860 shares

                                   £0


d) Aggregated information

         -   Aggregated volume     1,197,860 shares

         -   Price                 £0

e) Date of the transaction         18 May 2018
f)   Place of the transaction      Outside a trading venue
 1  Details of the person discharging managerial responsibilities / person closely
    associated
 a) Name                         Johan Depraetere
 2    Reason for the notification
 a) Position/status                 Chief Financial Officer
 b) Initial/Amendment
                                 Initial
    notification
 3 Details of the issuer, emission allowance market participant, auction platform,
    auctioneer or auction monitor

 a) Name                            Vivo Energy plc
 b) LEI                              213800TR7V9QN896AU56
 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
      where transactions have been conducted


 a) Description of the financial
    instrument, type of             Nil-cost options over ordinary shares of Vivo Energy
    instrument                      plc

      Identification code
                                    ISIN: GB00BDGT2M75
 b) Nature of the transaction       Grant of nil-cost options under the 2018 IPO Plan
 c)   Price(s) and volume(s)
                                    842,245 shares

                                    £0


 d) Aggregated information

          -   Aggregated volume     842,245 shares

          -   Price                 £0

 e) Date of the transaction         18 May 2018
 f)   Place of the transaction      Outside a trading venue




JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 18/05/2018 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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